1693 PARTNERS FUND
5300 DISCOVERY PARK BLVD 3RD FLOOR, WILLIAMSBURG, VA · IRS data through FY2025
Revenue, expenses and net assets
Revenue Expenses Net assets
| Tax year | Revenue | Expenses | Net assets |
|---|---|---|---|
| FY2025 | $156,427,454 | $61,188,386 | $1,215,271,901 |
| FY2024 | $50,306,271 | $56,977,597 | $1,093,686,591 |
| FY2023 | $123,902,760 | $46,682,305 | $1,029,214,277 |
| FY2022 | $103,998,144 | $39,414,052 | $898,846,341 |
| FY2021 | $38,706,072 | $2,389,794 | $942,675,330 |
| FY2020 | $0 | $0 | $0 |
Where the revenue came from
| Source | Amount | % of revenue |
|---|---|---|
| Contributions & grants | $0 | 0% |
| Program service revenue | $54,028,432 | 100% |
Where the money was spent
| Category | Amount | % of expenses |
|---|---|---|
| Program services | $61,188,386 | 100% |
| Management & general | $0 | 0% |
| Fundraising | $0 | 0% |
What the numbers show
- Program service revenue made up 100% of total revenue in FY2025.
- Program services accounted for 100% of functional expenses, management & general 0%, and fundraising 0%.
- 100% of functional expenses went to program services in FY2025. That is higher than 100% of 136 Education organizations in VA.
- Net assets covered about 238.3 months of expenses at the end of the reporting year. That puts it in the 93rd percentile among 1608 Education organizations in VA.
- Total revenue was higher than 99.5% of 1645 Education organizations in VA.
- Total revenue rose from $0 in FY2020 to $156,427,454 in FY2025, Revenue increased in 4 and decreased in 1 of 5 year-over-year comparisons.
- Expenses exceeded revenue in 1 of 6 reported years (FY2024).
- Net assets grew from $0 to $1,215,271,901 between FY2020 and FY2025.
- Donations are generally tax-deductible (supporting organization).
Figures compared against other organizations of the same NTEE program area in the same state. See the methodology page for how these are calculated and the guide to reading nonprofit financials for their limits.
About this organization
INVEST ENDOWMENT ASSETS SUPPORTING WILLIAM & MARY AND ITS AFFILATED ORGANIZATIONS.
IRS status
| Ruling year | 2020 |
| Subsection | 501(c)(3) |
| Classification | Public charity |
| Program area (NTEE) | B11 — Education (in VA) |
| Donations | Donations are generally tax-deductible (supporting organization). |
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Source: Internal Revenue Service — Exempt Organizations Business Master File (downloaded September 20, 2026), Statistics of Income extracts, Form 990 e-file data, Publication 78 and the Automatic Revocation list. Figures are as reported by the organization; IRS processing may adjust them. This is not a charity rating and not tax advice. Confirm deductibility in IRS Tax Exempt Organization Search.
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